Despite trading above $0.50 and nearing a key Fibonacci retracement level, Ripple (CRYPTO:XRP) is poised for a potential decline as sell signals intensify.

Declining participation, evidenced by a notable drop in active addresses, suggests waning investor interest, potentially exacerbating downward pressure on XRP's price.

The Ichimoku Cloud and RSI indicators both signal bearish momentum, adding to the likelihood of a downturn in XRP's price.

Investors are closely monitoring whether XRP can breach crucial support levels, as failure to do so may trigger further selling pressure and lead to a downward trend.

As market cues weaken and sell signals intensify, the immediate future for Ripple (XRP) remains uncertain, with investors bracing for potential downside risks.